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Burbank scores 'AAA' S&P credit rating
Burbank received a “AAA” credit rating this month from Standard & Poor’s, which cited the city’s “strong local economy and steady tax base growth.” City officials were pleased with the score, which is the highest...Tags: Google+, Automotive Equipment, Economy, Business and Finance, Manufacturing and Engineering, Credit Ratings
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U.S. RESEARCH ROUNDUP: Visa, Wal-Mart, Biogen Idec, Walt Disney
ReutersMay 17 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Macy's and Biogen Idec on Friday. HIGHLIGHTS * Aruba Networks : FBN, JP Morgan, Needham, Wedbush, Wells Fargo cut rating *...Tags: LKQ Corporation, Advanced Technologies Incorporated, Kohl's, Manufacturing and Engineering, Urban Outfitters Incorporated
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COLUMN-Business Development Companies: High yield, high risk
ReutersBy John Wasik CHICAGO, May 17 (Reuters) - In a frantic search for yields, investors often turn toward relatively unknown products. Business Development Companies (BDCs) are one of latest vehicles to grab investor attention - and money. BDCs are...Tags: Financial and Business Services, Economy, Business and Finance, Credit Ratings, Ares Capital Corporation, Finance
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Column: Business Development Companies - High yield, high risk
ReutersCHICAGO (Reuters) - In a frantic search for yields, investors often turn toward relatively unknown products. Business Development Companies (BDCs) are one of latest vehicles to grab investor attention - and money. BDCs are companies that lend to young,...Tags: Financial and Business Services, Economy, Business and Finance, Credit Ratings, Ares Capital Corporation, Finance
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Junk rating risk casts shadow over Spanish bonds
ReutersLONDON (Reuters) - Spain's borrowing costs will rise if its credit rating is cut as much as market prices imply. The cost of insuring against a Spanish default suggests investors expect another cut in its sovereign ratings, to junk, according to...Tags: Stock Market, Moody's Corporation, Finance, JPMorgan Chase & Co., Morgan Stanley Dean Witter & Company
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Fitch gives thumbs up to California budget restraint
ReutersMay 17 (Reuters) - California Governor Jerry Brown's fiscal 2014 revised budget proposal is built on a "prudent" revenue forecast and "restrained" spending growth, Fitch Ratings said on Friday. The plan "would continue the disciplined approach to...Tags: Personal Income, Budgets and Budgeting, Economy, Business and Finance, Thomson Corporation, Credit Ratings
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CANADA RESEARCH ROUNDUP: CAE Inc, Thomson Reuters, Chemtrade Logistics
ReutersMay 17 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including CAE Inc and Thomson Reuters, on Friday. HIGHLIGHTS * CAE Inc : RBC cuts to sector perform from outperform; target to C$12 from C$...Tags: Carmanah Technologies Corporation, Economy, Business and Finance, Thomson Corporation, Finance, Metal and Mineral
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Rating for Buffett's Berkshire cut by S&P
ReutersBy Jennifer Ablan, Ben Berkowitz and Jonathan Stempel (Reuters) - Warren Buffett's Berkshire Hathaway Inc had its credit rating cut one notch by Standard & Poor's, which cited a new methodology for evaluating insurers and Berkshire's dependence on its...Tags: Stock Market, Moody's Corporation, Berkshire Hathaway Inc., Insurance, Finance
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U.S. RESEARCH ROUNDUP: Amazon.com, eBay, Cisco, Facebook, Medtronic
ReutersMay 16 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Cisco and Facebook, on Thursday. HIGHLIGHTS * Amazon.com Inc : Lazard starts with buy rating; price target $310 * EBay Inc...Tags: Medtronic Incorporated, Kohl's, Urban Outfitters Incorporated, Finisar Corporation, Pinnacle Entertainment Incorporated
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CANADA RESEARCH ROUNDUP: Potash Corp, Power Corporation of Canada, B2Gold
ReutersMay 16 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including B2Gold and Potash Corp, on Thursday. HIGHLIGHTS * Potash Corp : Bgc Partners raises to buy from hold * B2Gold Corp : BMO starts with...Tags: Glentel Incorporated, SilverCrest Mines Incorporated, Glaciers, Landforms, Hampton Roads Transit
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S&P cuts Berkshire Hathaway rating by one notch to 'AA'
Reuters(Reuters) - Credit rating agency Standard & Poor's on Thursday cut its rating on Berkshire Hathaway Inc , the insurance and industrial conglomerate controlled by billionaire investor Warren Buffett, by one notch, citing the company's reliance on its...Tags: Stock Market, Warren Buffett, Credit Ratings, Berkshire Hathaway Inc., Minor League Baseball
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U.S. RESEARCH ROUNDUP: Home Depot, Gap, Anadarko Petroleum, Blackberry
ReutersMay 15 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Gap Inc and Blackberry, on Wednesday. HIGHLIGHTS * U.S. Energy Cos: Bernstein raises target price on Anadarko, others * Home...Tags: Medtronic Incorporated, TD Ameritrade Holdings Corp., Marriott International Inc., Waddell & Reed Financial Incorporated, Google Inc.
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May 15, 2013
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